Forecast: Turnover in Management Consultancy Activities by Size Class in France

The turnover in management consultancy activities in France stood at 5.38 billion euros in 2023. The sector has shown variability in its growth over the past decade. Notable fluctuations include a peak in 2015 with a 23.73% year-on-year increase, followed by significant drops in 2017 and 2018. More recently, the turnover grew by 2.37% year-on-year in 2023, maintaining an average CAGR of 4.69% over the last five years. Looking ahead, the forecasted growth for 2024 and beyond sees a steady but slower increase with an expected CAGR of 1.69% through 2028 and a total growth rate of 8.75% over this period.

Future trends to watch for:

  • Continued digital transformation driving the demand for management consultancy services.
  • Economic uncertainties potentially impacting the growth trajectory in the near term.
  • Increasing specialization and niche markets within management consultancy.

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